Funding Alert

Magenta Mobility Raises $22M from bp and Morgan Stanley to Drive 4K EV Expansion

Magenta Mobility, a startup in the e-mobility industry, has received a $22 million equity investment from bp and an investment fund managed by Morgan Stanley India Infrastructure. The funding will allow Magenta Mobility to expand its fleet of three-...

Dunzo Seeks $50M in Funding Amid Tough Economic Climate – Report

Startup Dunzo, a hyperlocal delivery firm is reportedly in the late stages of securing a new funding round worth around $50 million. According to TechCrunch, existing backers such as Google and Reliance Retail are among those who are discussing...

Vitraya Tech Accelerates Healthcare Claim Settlement Platform Growth with $5M

Vitraya Technologies, a healthcare insurance claim settlement platform based in Mohali, has raised $5 million in a Series A funding round led by business-to-business venture capital fund StartupXseed Ventures, with participation from Season Two Ventures, Cactus, Xceedance, and the...

The Souled Store Raises $16.4 Mn to Boost ESOP’s and Launch 100 New Stores

Mumbai-based fandoms startup, The Souled Store, has raised $16.4 million in a Series C funding round led by Xponentia Capital Partners, with participation from returning investors Elevation Capital and RPSG Capital. The funding will be used to expand into...

Nimbbl raises $3.5M; Targets Onboard 20,000 New Payment Checkout Merchants

Nimbbl, Mumbai-based payment checkout solutions startup, has closed a combined seed and pre-Series A funding round of $3.5 million from financial service platform Groww, Sequoia Capital India, and Global Founders Capital (GFC).Founded in 2020 by former Citrus Pay...

Fashinza secures $30Mn to expand its supply chain operations in three new global markets

New Delhi, March 28, 2023 - Fashinza, a Delhi-based fashion supply chain firm, has secured $30 Million funding from Mars Growth Capital, a global venture capital firm that invests in early to growth-stage startups and the Liquidity Group.Fashinza has...

Startup Stashfin Raises $100M in Debt Funding for Portfolio Optimization

Stashfin, the Indian neobanking startup, has secured an impressive $100 million in debt funding from domestic investors, following up on last year's successful $270 million Series C funding round.This significant capital injection will be instrumental in driving growth and...

Character.AI secures $150M Funding, to Challenge OpenAI’s Chatbot Dominance

Character.AI, a 16-month-old startup that specializes in creating chatbot technology, has announced that it has raised funding raised $150 million, which values the company at $1 billion. This financing brings the company closer to its goal of challenging OpenAI,...

Reveal HealthTech Secures $4Mn to Grow Operations, Hire New Talent

Reveal HealthTech, a healthcare technology firm, has secured a $4 million seed funding round from W Health Ventures, a leading healthcare-focused VC firm. This marks W Health Ventures' first investment in healthcare technology services and underscores its commitment to...

Mystifly Secures $8M to Expand Its Airfare SaaS Solution to New Markets

Mystifly, an air retailing and payments platform based in Singapore and Bengaluru, announced on Thursday the close of its pre-Series B funding round with Cornerstone Venture Partners (CSVP) bringing the total of this round to $8 million combined with...

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